Silver Spring Submarket — Washington DC
Silver Spring submarket of Washington DC: 7 tracked properties, 2,232,500 SF of inventory and 306,900 SF available.
7 commercial properties are tracked in the Silver Spring submarket, representing 2,232,500 SF of rentable building area, of which 306,900 SF is currently marketed as available.
Asking rents average $37.67 per square foot per year, the median marketed suite is 19,700 SF, and listings have been on market a median of 542 days.
The stock splits 2 Class A, 3 Class B, 2 Class C, with construction dates from 1916 to 2017 (median 1994).
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Frequently asked questions
What is the average asking rent for commercial space in Silver Spring, MD?
Across the 7 commercial listings published in Silver Spring, MD, asking rents average $37.67 per square foot per year, quoted on a FS basis.
How much commercial space is available in Silver Spring, MD?
306,900 SF is currently marketed across 6 buildings, out of 2,232,500 SF of total inventory.
What is the commercial vacancy rate in the Washington DC market?
The Washington DC commercial market is running 19.6% vacancy with year-over-year asking rent growth of 0.8%.
Which submarkets have the most commercial space in Silver Spring, MD?
Silver Spring (7 properties).
What cap rates are commercial assets trading at in Silver Spring, MD?
Listed commercial assets in Silver Spring, MD show an average asking cap rate of 7.73%. Closed sale comparables are available in RealStar's Sales module.
Which brokerages are most active in Silver Spring, MD?
Summit Advisory Group (2 listings), Pinnacle CRE (2 listings), Atlas Property Group (1 listing), Republic Partners (1 listing). See the full Silver Spring, MD broker directory.
How do I list a commercial property in Silver Spring, MD?
Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.